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Dublin's housing market is heating up as new affordable housing projects reshape the city. The 113-unit senior housing building approved by City Council signals long-term investment in the community.
Bridge loans fill a specific gap: you need cash now to buy your next home before your current one sells. They're short-term, typically 6 to 12 months, and designed to close fast.
7–14 days
Typical Close Time
1–3% higher
Rate Range vs. 30-Year
6–12 months
Typical Loan Term
680+
Minimum FICO
Often waived
Appraisal Required
Bridge loans require solid credit — typically 680 FICO minimum, though 700+ is standard. Lenders want to see proof your current home will sell within the loan term.
Down payment depends on your equity position. If you're selling a paid-off home, you might put nothing down on the bridge. If you're selling with a mortgage, lenders typically want 20% to 30% down on the new purchase.
Bridge lending in California is dominated by specialty lenders and private capital sources. Traditional banks rarely offer bridges; most come from non-bank lenders, hard-money shops, and portfolio lenders.
Underwriting moves fast — 7 to 14 days is typical. Lenders care about the equity in your current home and the strength of your new purchase contract. Appraisals are often waived.
Bridge loans make sense in Dublin when you have strong equity and a solid buyer lined up for your current home. The math works: you avoid losing a deal because you're waiting to sell. But bridges are expensive — you're paying two mortgages for a few months.
The real win is speed and certainty. If you're in a competitive market and need to move fast, a bridge buys you that advantage. But if your current home is slow to sell, the interest cost balloons.
A bridge loan vs. a home equity line of credit (HELOC) is a common choice. HELOCs are cheaper and more flexible — you draw what you need. But HELOCs take 2–3 weeks to set up and lenders may reduce your limit if your home value dips. Bridges close in days.
Alternatively, some buyers delay their purchase until their current home sells. That's safer financially but risky in a competitive market — you might lose the home you want.
Dublin City Council's approval of the 113-unit senior affordable housing project on Regional Street signals serious investment in the community's future. That kind of development attracts younger families and stabilizes neighborhoods.
The East Bay's restaurant boom — Filipino, burger, Mexican, and Nicaraguan spots opening across the region — reflects Dublin's growing appeal. New dining options and community projects make Dublin a more attractive place to settle.
Bridge loans typically close in 7 to 14 days. Some lenders can move faster with complete documentation. Speed is the main advantage over traditional mortgages, which take 30–45 days.
Yes — lenders require proof you're selling. You'll need a listing agreement and ideally a purchase contract. The equity in your current home is what secures the bridge.
Most bridges have a 6–12 month term. If your home hasn't sold, you'll need to refinance the bridge into a traditional mortgage or extend it. Plan your exit strategy carefully before closing.
Yes. Interest rates run 1% to 3% higher than 30-year fixed rates. You're also paying two mortgages briefly. The cost is real, but you gain speed and certainty in a competitive market.
It's harder but possible. Lenders typically want 20% to 30% equity. If you have less, expect tighter terms, higher rates, or a larger down payment on the new purchase.
Bridge Loans in Dublin